British Pound / U.S. DollarUpdated GBPUSD tests the decline
GBP/USD is testing daily lows near 1.2270 on upbeat retail sales data from the UK. It last traded at 1.2272, down 0.16% on the day.
Overall, we can see that the main trend for the pair so far is bearish, so the downside is that if that happens, it will likely reach 1.205 close to 1.2000.
Overall, we can see that the main trend for the pair so far is bearish, so the downside is that if that happens, it will likely reach 1.205 close to 1.2000.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.